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Yes Bank ties up with Kia Motors

Press Trust of India  |  New Delhi 

Friday said it has inked a pact with for and solutions.

According to the memorandum of understanding (MoU) inked between both the companies, will offer financing and solutions to Kia with products such as term loans, cash credit and inventory funding.

It will also offer loans to the end-consumers of the automaker, which is set to enter the Indian market by the second half of 2019 with an SUV.

Through the partnership, the will be able to provide end-to-end to

Besides, will also work towards developing exclusive digital solutions for in

"The bank has been working with various auto players to provide innovative solutions, thereby further strengthening our position in the competitive and also contributing to the growth of the segment in the country," Yes Bank Senior Group (Retail and Business Banking) Pralay Mondal said in a statement.

Kia Motors said the partnership with Yes Bank will definitely set the benchmark of premium and hassle-free Kia experience.

"This partnership will empower our stakeholders and customers with specifically tailored for them to facilitate their smooth entry into the world of Kia," he added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, January 11 2019. 16:25 IST